Immigrants from Europe vs Panamanian Median Earnings

The statistical analysis conducted on geographies consisting of 547,237,695 people shows a mild negative correlation between the proportion of Immigrants from Europe and median earnings in the United States with a correlation coefficient (R) of -0.316 and weighted average of $52,195. Similarly, the statistical analysis conducted on geographies consisting of 281,227,133 people shows a poor negative correlation between the proportion of Panamanians and median earnings in the United States with a correlation coefficient (R) of -0.196 and weighted average of $45,593, a difference of 14.5%.

Median Earnings Correlation Summary

Measurement	Immigrants from Europe	Panamanian
Minimum	$9,082	$24,420
Maximum	$86,483	$90,539
Range	$77,401	$66,119
Mean	$51,354	$45,745
Median	$51,399	$43,597
Interquartile 25% (IQ1)	$44,212	$37,947
Interquartile 75% (IQ3)	$60,990	$49,738
Interquartile Range (IQR)	$16,778	$11,791
Standard Deviation (Sample)	$12,967	$12,464
Standard Deviation (Population)	$12,860	$12,348

Similar Demographics by Median Earnings

Demographics Similar to Immigrants from Europe by Median Earnings

In terms of median earnings, the demographic groups most similar to Immigrants from Europe are Australian ($52,294, a difference of 0.19%), Bhutanese ($52,297, a difference of 0.20%), Immigrants from Czechoslovakia ($52,361, a difference of 0.32%), Bolivian ($52,005, a difference of 0.37%), and Immigrants from Malaysia ($52,514, a difference of 0.61%).

Demographics	Rating \| Rank	Median Earnings
Immigrants \| Lithuania	100.0 /100 \| #41	Exceptional $52,769
Maltese	100.0 /100 \| #42	Exceptional $52,526
Immigrants \| Malaysia	100.0 /100 \| #43	Exceptional $52,514
Bulgarians	100.0 /100 \| #44	Exceptional $52,512
Immigrants \| Czechoslovakia	100.0 /100 \| #45	Exceptional $52,361
Bhutanese	100.0 /100 \| #46	Exceptional $52,297
Australians	100.0 /100 \| #47	Exceptional $52,294
Immigrants \| Europe	100.0 /100 \| #48	Exceptional $52,195
Bolivians	100.0 /100 \| #49	Exceptional $52,005
Immigrants \| South Africa	100.0 /100 \| #50	Exceptional $51,850
Immigrants \| Austria	99.9 /100 \| #51	Exceptional $51,826
Estonians	99.9 /100 \| #52	Exceptional $51,772
Immigrants \| Norway	99.9 /100 \| #53	Exceptional $51,758
Immigrants \| Indonesia	99.9 /100 \| #54	Exceptional $51,715
Egyptians	99.9 /100 \| #55	Exceptional $51,701

Demographics Similar to Panamanians by Median Earnings

In terms of median earnings, the demographic groups most similar to Panamanians are Bermudan ($45,593, a difference of 0.0%), Immigrants from Bosnia and Herzegovina ($45,600, a difference of 0.010%), Immigrants from Thailand ($45,598, a difference of 0.010%), Immigrants from Grenada ($45,596, a difference of 0.010%), and Immigrants from Senegal ($45,611, a difference of 0.040%).

Demographics	Rating \| Rank	Median Earnings
Immigrants \| Uruguay	25.9 /100 \| #204	Fair $45,682
Tongans	25.4 /100 \| #205	Fair $45,665
Immigrants \| Ghana	24.8 /100 \| #206	Fair $45,641
Immigrants \| Senegal	24.0 /100 \| #207	Fair $45,611
Immigrants \| Bosnia and Herzegovina	23.7 /100 \| #208	Fair $45,600
Immigrants \| Thailand	23.7 /100 \| #209	Fair $45,598
Immigrants \| Grenada	23.6 /100 \| #210	Fair $45,596
Panamanians	23.5 /100 \| #211	Fair $45,593
Bermudans	23.5 /100 \| #212	Fair $45,593
Immigrants \| Colombia	22.4 /100 \| #213	Fair $45,550
Nigerians	22.0 /100 \| #214	Fair $45,532
Immigrants \| Bangladesh	22.0 /100 \| #215	Fair $45,532
Guyanese	20.6 /100 \| #216	Fair $45,470
Tlingit-Haida	20.5 /100 \| #217	Fair $45,468
Spanish	19.7 /100 \| #218	Poor $45,432